(Reuters) -Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output. Brent futures climbed 15 cents, or 0.2%, to $69.57 a barrel by 0100 GMT, while U.S. West Texas…
By Florence Tan SINGAPORE (Reuters) -Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Moscow’s oil exports after presidents from both countries met on Friday. Brent crude futures dropped 32 cents, or 0.49%,…
By Promit Mukherjee OTTAWA (Reuters) -Canada’s merchandise trade deficit widened in June to C$5.9 billion ($4.24 billion) as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday. The deficit observed in June is the second highest on record after the deficit dipped to its largest in history…
Oil was on track to close out its third week of gains as traders awaited President Trump’s decision on whether the US will directly intervene in the Israel-Iran conflict. West Texas Intermediate futures (CL=F) traded just below $75 per barrel, and Brent crude (BZ=F), the international benchmark, hovered near $76. Oil futures were on pace…